What is the minum payment going to be on the cheapest brand new car? Estimate? for good, fair and poor credit?

Question

What is the average amount for a monthly payment amount on a NEW vehicle Nowadays for: Good, fair and poor credit? Basically on the CHEAPEST new car, so that it is still new so not breaking down all the time like an old car? Do New cars run the risk of being lemons though?

Answer 1

check these items online at Edmunds .com.

Answer 2

You need to buy a solid 2 or 3 year old car. And, most importantly, you need to pay cash. Do not go into debt to purchase a car.